ANKITA KNIT WEAR LIMITED IPO
September 1, 2010 by Meenakshi · Leave a Comment
(Company Registration No. – 113372/1998; CIN – U17300MH1998PLC113372; ISIN – INE464K01019)
(The Company was incorporated as “Ankita Knit Wear Private Limited” on February 4, 1998 under the Companies Act, 1956. The name of the Company was
changed to “Ankita Knit Wear Limited” and a fresh Certificate of Incorporation consequent to change in name was obtained on June 25, 2007).
The Registered Office of the Company was shifted from E-19-C/302, Yogi Nagar, Borivali (W), Mumbai- 400 091 to Plot No. 10 -11, Village – Vadavali,
Post – Uchat, Taluka – Wada, Dist. – Thane – 421312 on November 10, 2007.
Registered Office: Plot No. 10 -11, Village Vadavali, Post Uchat, Taluka Wada, Dist. Thane – 421 312, Maharashtra.
Tel. No.: 91-2526-222902; Fax No.: 91-2526-222904
Email: info@ankitafashion.com; Website: www.ankitafashion.com
Contact Person: Mr. Subodh Kumar Soni, Company Secretary & Compliance Officer
This being the first issue of the company, there has been no formal market for the securities of the company. The face value of the shares is Rs. 10/-
and the issue price is ’2.5 times’ of the face value. The issue price has been determined and justified by the Lead Merchant Banker and the Issuer as
stated under the paragraph on “Basis for the Issue Price” should not be taken to be indicative of the market price of the equity shares after the shares
are listed. No assurance can be given regarding an active or sustained trading in the equity shares of the Issuer nor regarding the price at which the
equity shares will be traded after listing.
Investment in equity and equity related securities involve a degree of risk and investors should not invest any funds in this offer unless they can
afford to take the risk of losing their investment. Investors are advised to read the risk factors carefully before taking an investment decision in this
offering. For taking an investment decision investors must rely on their own examination of the issuer and the offer including the risks involved. The
securities have not been recommended or approved by Securities and Exchange Board of India nor does Securities and Exchange Board of India
guarantee the accuracy or adequacy of this document.
Specific attention of the Investors is invited to the statement of Risk Factors given on Page No. 07 of this Draft Prospectus under the
Section “General Risks”.
The Issuer, having made all reasonable inquiries, accepts responsibility for, and confirms that this Offer Document contains all information with regard
to the Issuer and the issue, which is material in the context of the issue, that the information contained in this Offer Document is true and correct in all
material aspects and is not misleading in any material respect, that the opinions and intentions expressed herein are honestly held and that there are no
other facts, the omission of which makes this document as a whole or any of such information or the expression of any such opinions or intentions
misleading in any material respect.
